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Business Background

Sunright Limited is a Singapore-based investment holding company engaged in the provision of management service. The principal activities of the subsidiary companies consists of the manufacturing of burn-in equipment, provision of burn-in service, provision of management service and research and development in burn-in and test related activities, and trading in and distribution of high-technology electronic products. The Company has three segments: Burn-in, testing and electronic manufacturing service segment, which is in the business of manufacturing burn-in equipment, assembly of electronic and electrical components, provision of burn-in services and research and development in burn-in and test related activities; Distribution segment, which is in the business of trading in and distribution of high-technology electronic products, and Others segment involves corporate services, treasury functions and investments in marketable securities.

Ben GanThe cash it has is more than its market cap as at 31.1.2016. It is the major shareholder of KESM. It holds 48.41% of KESM. KESM's share price has been on wings lately. This is probably why Sunlight is flying as well.

17/08/2016 07:36

atasSunright owns 48% of KESM or 20.825m shares. The value of the stake with KESM at present price of around RM$9 is around RM$180m or S$60m (Sing Dollars)

There are 122.8m shares in Sunright. So the stake in KESM alone is already worth S$0.49

26 January 2018 North America-based manufacturers of semiconductor equipment posted US$2.39 billion in billings worldwide in December 2017 (three-month average basis), according to SEMI. The billings figure is 16.3% higher than the revised November 2017 level of US$2.05 billion and 27.7% above the December 2016 billings level of US$1.87 billion. https://www.digitimes.com/news/a20180126PR200.html

27/01/2018 10:09

daffy77Why not look at AEM its a proxy to Intel's growth. Huge run so far this year after 29 days only

29/01/2018 11:44

hsthaSamsung topples Intel to become the world’s largest chipmaker. Intel is the second largest chip maker now. Recent QR announcements of both Samsung and Intel were amazing.

aiinvestorVolkswagen is looking to expand its market share in the electric vehicle market by looking to Apple for design guidance.

The German car manufacturer has said it will use Apple’s products as a template for designing its new electric vehicles over the next two years. The aim is to adopt a simple design and to turn around VW’s profits in the new expanding market, when the vehicles are launched in 2020, with the most simplicity possible. https://www.cbronline.com/news/vw-apple-vehicle

18/02/2018 00:29

aiinvestorChip stocks are ripping higher, and one market watcher says the semiconductor space could be in for an even bigger rally. https://www.cnbc.com/2018/02/20/chips-rip-higher-and-market-watchers-eye-intel-as-the-semi-to-own.html

The world’s largest independent burn-in and test service company KESM does not make chips but has shipped about a billion burn-in and test devices to its customers — semiconductor companies. Although it does not directly export products, KESM is a company to watch as it supports and sells to exporters and works closely with top semiconductor firms. Its aggressive capital expenditure into the automotive burn-in and test business could rake in returns from the growth of autonomous and smarter vehicles.

tecpowerA Deep Dive into Sunright Limited, One of the 30 Best Stocks in Singapore for 2018 https://www.fool.sg/2018/01/31/a-deep-dive-into-sunright-limited-one-of-the-30-best-stocks-in-singapore-for-2018/

aiinvestorChips are ripping higher and Dow stock Intel could see a bigger breakout https://www.cnbc.com/2018/03/09/chips-rip-higher-and-dow-stock-intel-could-see-a-bigger-breakout.html

10/03/2018 03:09

tecpowerStronger Semiconductor 2018 Than Previously Forecast In a move reminiscent of the continual upward revisions to semiconductor market forecasts that characterized 2017, market watcher IC Insights has increased its forecast for semiconductor industry growth this year to 15 percent from a previous projection of 8 percent.